MUBiShares National Muni Bond ETF
Tracks the investment results of an index composed of investment-grade U.S. municipal bonds.
By iShares · Launched 2007
Annual Cost
0.05%
#131 of 5,854 · low cost
Fund Size
$45.8B
#75 of 5,854 · large
Dividend YieldGoal
3.16%
Track Record
18 years
#508 of 5,854 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,397+4.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Index tracking
Index tracked
ICE AMT-Free US National Municipal Index
What it actually holds
By weightConcentration
Top 10 holdings = 2.0% of fund✓ well diversified
BlackRock Liquidity Funds
0.6%
Board of Regents of the University of Texas System
0.2%
Connecticut State Health & Educational Facilities Authority
0.2%
City of Atlanta Water & Wastewater
0.2%
Northwest Independent School District
0.2%
New York State Thruway Authority
0.2%
Houston Higher Education Finance Corp.
0.2%
New York State Dormitory Authority
0.1%
Ohio State University (The)
0.1%
State of California
0.1%
Asset allocation
Bonds
99.2%
Cash
0.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.0%Low
Year-on-year price swings
Max drawdown
-13.7%Mild
Worst peak-to-trough loss
Sharpe (3Y)
-0.24Below average
Sortino (3Y)
-0.32Moderate downside risk
Bond profile
Duration
4.7 years
Avg maturity
10.5 years
Credit ratings
AAA
21.9%
AA
61.7%
A
15.4%
BBB
0.9%
BB
0.0%
Other
0.1%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Tracks the investment results of an index composed of investment-grade U.S. municipal bonds.
- Strategy
- Seeks to track the investment results of the ICE AMT-Free US National Municipal Index, which measures U.S. dollar denominated investment-grade tax-exempt debt publicly issued in the U.S. The Fund invests primarily in municipal bonds, aiming for low portfolio turnover and better after-tax performance.
- Inception date
- September 7, 2007
- Fund family
- iShares
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Data updated on 2026-08-03